Case Law Details
Case Name : Bharati Shipyard Ltd. Vs The Dy. Commissioner of Income Tax (ITAT Mumbai)
Appeal Number : ITA No. 2404/Mum/2009
Date of Judgement/Order : 09/09/2011
Related Assessment Year : 2005- 06
Courts :
All ITAT ITAT Mumbai
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Bharati Shipyard Ltd. Vs DCIT (ITAT Mumbai Special Bench) – The Finance Act, 2010 has extended the time limit for depositing tax deducted at source by the due date u/s 139(1) of the Act from the earlier lesser time available for compliance. If the tax is deposited by the due date, it wou
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Sir,
we have paid rent Rs.450,000/- p.a in FY 2009-2010 to owner of the premises and has not deducted TDS in the FY year and even in subsequent year.
What will be the consequences, whether whole of Rent of Rs 450000/- will be disallowed or 30% of rent will be disallowed.
Pls. explain.